$3,950,000

211 S El Molino Avenue, Pasadena CA, 91101

Price per sqft$405.13

Built in1929

Property size9,750 sqft

Property typeResidential

Bought with Linlin Chang with A + Realty & Mortgage and Listed by Alexander Metaxas CA DRE# 01784652 with Realty Investment Advisors, Inc. 626-313-4901

Overview

Sold

Closed

Listed Jul 12, 2024

Updated Jun 19

FULL COPPER PLUMBING, REDONE ROOF, NEW CARPORT ROOF, UPDATED ELECTRICAL, MINI-SPLIT & CENTRAL AC SYSTEMS, UPDATED DRAIN LINES AND WINDOWS, WOOD FLOORS AND NO SOFT-STORY RETROFIT NEEDED! We are pleased to present an outstanding 12-unit property in one of the best rental areas of Pasadena with excellent existing rental income. Madison Heights has a WALKER'S PARADISE score with its close proximity to restaurants, retail and S. Lake Ave. The unit mix consists of four, very large 1 Bed + 1.5 bath units and 8 Studio + 1 bath units, providing ease of renting with desirable unit types achieving top market rents. The interiors offer sheik kitchen designs with newer cabinets and countertops, updated bathrooms and showers, wood flooring and stainless steel appliances. There is on-site, carport parking and the property is separately metered for gas and electricity. There is no other Pasadena property with an equally good location with so many major upgrades done, meticulously maintained with over a 5% CAP RATE. Don't miss this rare opportunity. PLEASE DO NOT DISTURB THE TENANTS.

Additional information

MLS^® ID: 24415009

Interior Features

Bedrooms: 8
Bathrooms: 16
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.28 Acres

Other Property Details

55+/Senior Community: No

Bought with Linlin Chang with A + Realty & Mortgage and Listed by Alexander Metaxas CA DRE# 01784652 with Realty Investment Advisors, Inc. 626-313-4901

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:30 PM UTC Last Checked: 1:30 PM UTC